▲ +45.00% Upside Potential
This price target is based on 13 analysts offering 12 month price targets for Pembina Pipeline in the last 3 months. The average price target is $39.70, with a high forecast of $56.00 and a low forecast of $34.00. The average price target represents a 45.00% upside from the last price of $27.38.
The current consensus among 13 contributing investment analysts is to buy stock in Pembina Pipeline. This Buy consensus rating has held steady for over two years.
Pembina Pipeline Corporation provides transportation and midstream services for the energy industry in North America. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines segment operates conventional, transmission, and oil sands and heavy oil pipeline assets with a transportation capacity of 3.1 million barrels of oil, ground storage of 11 millions of barrels, and rail terminalling capacity of approximately 145 thousands of barrels of oil equivalent serving markets and basins across North America. The Facilities segment offers processing and fraction facilities, and other infrastructure related services to provide customers with natural gas and natural gas liquid services, as well as 326 thousands of barrels per day of natural gas liquids fractionation, 21 millions of barrels of cavern storage, and associated pipeline and rail terminalling facilities. The Marketing & New Ventures segment buys and sells hydrocarbon liquids and natural gas originating in the Western Canadian sedimentary basin and other basins. Pembina Pipeline Corporation was founded in 1997 and is headquartered in Calgary, Canada.